Tim Corfield > Carey Olsen > St Peter Port, Guernsey > Lawyer Profile

Carey Olsen
PO BOX 98, CAREY HOUSE
LES BANQUES
ST PETER PORT
GY1 4BZ
Guernsey

Work Department

Dispute Resolution and Litigation; Restructuring and Insolvency; Regulatory; Investment Funds

Position

Tim is a partner and advocate in the dispute resolution and litigation group. He has over twenty years’ experience in trial and litigation advisory work, often in high value and reputationally significant cases, many involving multiple jurisdictions working alongside other international law firms. His broad practice includes corporate and company law disputes, contentious corporate transactional matters, banking and financial services litigation, including funds disputes, shareholder disputes, as well as trusts disputes and general commercial litigation. He also has significant experience in the fields of corporate insolvency and regulatory investigations. During his career Tim has appeared in matters before the English High Court, the Royal Court of Guernsey, and the Guernsey Court of Appeal.

Tim regularly acts for major corporates, investment and private banks, funds, private equity houses and other financial institutions, as well as for trustees, investment managers, investors, office holders, businesses and HNWIs. He has significant experience acting for the target (and occasionally the bidder) in complex schemes of arrangement, primarily in the takeover context. He often represents boards of directors, either in contentious or regulatory matters, derivative claims or unfair prejudice applications, and also as part of his board advisory practice, assisting boards of directors, or committees or constituents thereof, on commercially and financially sensitive or complex transactions and investigations.

His representative work has included:

  • the successful approval of the CAN$775million takeover of the then TSX Venture Exchange listed NYX Gaming Group by Scientific Games by way of a contested scheme of arrangement;
  • advising a global energy company on protective claims arising from a fraudulently obtained multi-billion dollar remediation judgment in South America;
  • successfully acting for Stobart Group in opposing injunctive relief proceedings brought by former CEO Andrew Tinkler in advance of the company’s 2018 AGM;
  • acting for the banking and trust arms of a global bank in proceedings relating to the alleged corruption of former successive prime ministers of Ukraine, including U.S. RICO Act proceedings, and successful opposition to a Hague Convention letter of request issued by the Massachusetts District Court;
  • acting for a Formula One racing driver in successfully obtaining time-critical Norwich Pharmacal relief against a financial institution, in order to assist in a then imminent English High Court trial against Hamilton Management Group Limited; and
  • successfully representing a private equity joint venture partner in unfair prejudice proceedings; and acting for the independent non-executive directors of an NYSE Euronext listed fund in Guernsey’s first derivative action.

Career

Tim read law as an undergraduate at the University of London, and as a postgraduate at the University of Bristol. Tim qualified as a Solicitor (England & Wales) in 1999 and as a Solicitor-Advocate (Higher Rights – All Courts) in 2004. He obtained his Certificat d’Etudes Juridiques Françaises et Normandes at the Université de Caen Basse-Normandie in France in December 2007 and was called to the Guernsey Bar in February 2008. He became a Partner on 1 January 2010.

Memberships

Tim is a member of the International Bar Association, the Chancery Bar Association, INSOL and the Institute of Directors.

Education

Shrewsbury School, England; University of London (1996 LLB Hons); University of Bristol (1997 PG Dip LP); Université de Caen Basse-Normandie (2007) Certificat d’Etudes Juridiques Françaises et Normandes).

Lawyer Rankings

Guernsey > Dispute resolution

(Hall of Fame)

Tim CorfieldCarey Olsen

Carey Olsen offers a full offshore litigation service to clients, covering commercial and trust litigation, as well as corporate and banking work, IP and data protection issues, and claimant-side professional negligence cases. It also has a separate contentious restructuring and insolvency group, led by David Jones . The team is often at the forefront of disputes, and has an increasingly active practice involving fintech and crypto assets and their regulation. Elaine Gray  is the department head, and is a veteran Guernsey litigator. Tim Corfield  focuses on commercial litigation, and the group is able to draw on the knowledge of John Greenfield, who is often instructed as senior counsel, particularly in cases involving allegations of fraud. Mark Dunster  is known for regulatory litigation and criminal cases, while senior associate Julia Schaefer is increasingly known for contentious trusts work.